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Paid extra money into loan account, can I get it back?
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@vic_msn The scoring system/or scoring profile used by lenders is part of this.Deleted_User said:You'll have a greater chance of acceptance if you're carrying less debt, but it depends on the wider picture.
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In the current economic climate expect rates on unsecured loans to rise. Lenders will be factoring in higher default rates.vic_msn said:Another question pls..was I too eager to apply for a new loan to get reduced rates?0 -
The calculator at
https://www.moneysavingexpert.com/loans/cut-existing-loan-costs/
recommends I take the new loan offer at 7.9% and thus would be saving ~£1000, if I keep paying the remaining months without closing early (which I am currently planning to)
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